Job description

We are looking for a COST CONTROL ENGINEER for the leading industrial construction company in Saudi Arabia.

Preparation of Project Control Budget, organize monitor, control and provide cost analysis,

and reporting.

? Monthly / Daily Cost Report with accurate forecasting on EAC with P&L analysis.

? Preparation of Cost plan, Revenue plan monitoring and control

? Preparing of project cash flow, Invoicing and payments.

? Identification and monitoring of the direct and indirect & other cost as per budget.

? Flag rising/alarming in time to project manager on cost overrun, problems, deviations from

the plan and assist on the corrective actions /mitigations for recovery plan.

? Preparation of Monthly Work in Progress / VOWD.

? Interdepartmental coordination on project related activities.

? Handling Change Orders/ variance orders and other commercial related items to the Contract.

Maintain related Register and monitoring.

? Verification of vendor Bid Tabulation against the budget and suggestions accordingly to

concerned.

? Assistance to the Project Manager on contacts with the Client and with Sub Contractors.

? Involvement in dispute resolution if any against the vendors for the claims/ back charges etc.

? Assessment of economic Risks and Opportunities.

? Participation in the definition of economic changes in respect to the Contract.

? Negotiations with Clients.

? Verifying the invoices from Sub-Contractors, issuing payment certificates to vendors.

? Assisting Estimations Department on new Bids.

? Reconciliation of Project Costs at Project Completion, preparing project closeout reports.

? Maintaining Project records for Audits.

? Handling Bank Guarantee (amendments and coordination with Client).

? Handling Project Insurance (renewals and other requirements).

? Participates in Internal and External Meetings.

? Mentoring the juniors in the department and encouraging growth among the teams.

? Knowledge on contracts with contractual terms required on a project.

- Engineering bachelor’s degree (Mechanical Engineering) / Diploma in Mechanical Engineering.

- CCP (AACE) workshops, training, certifications, or from other relevant bodies.

- At least 5 to 7 years’ relevant cost control and cost engineering experience in the industry

field (shutdown and T/A is a must, in addition knowledge of Piping Works, Steel Structures,

Civil and E&I is expected).

- Experience with various types of contracts especially with ARAMCO, SABIC, other major

clients in Saudi Arabia.

- Knowledge of projects & contracts especially Lumpsum, T&M, WUR & Re-Measurable.

- Proficient in MS Office, ERP skills would be an advantage.

- Good Appearance, Excellent soft skills, along with presentation skills

Interested candidates send your updated CV

recruitment@aytb.com